Analysis News TheBitTimes.com

Exploring risks and opportunities in DeFi Yield Farming . An article tackled the certain risks of yield farming in the DeFi landscape. In the fast-evolving landscape of decentralized finance (DeFi), one concept that has garnered significant attention is yield farming. This innovative practice allows crypto holders to lock up their assets in smart contracts and earn rewards in the form of additional tokens. While the potential for high returns is enticing, participants must understand the inherent risks and opportunities associated with DeFi yield farming. Understanding DeFi Yield Farming DeFi yield farming involves users providing liquidity to decentralized exchanges (DEXs) or lending platforms in exchange for rewards. These rewards often come in the form of governance tokens, which grant holders voting rights and a share of platform profits. Yield farmers strategically allocate their assets to maximize returns, hopping between different protocols to capitalize on the most lucrative op...

TeraBlock transition to zkCross. This evolution is more than a rebranding. It’s a leap towards realizing its vision of a truly decentralized financial ecosystem. Over time, TeraBlock has made remarkable progress by creating tools that enable users to navigate the DeFi space effortlessly. As they delved further, it became apparent that the potential for influence exceeded TeraBlock’s original scope. The necessity for a platform that not only simplifies but also unifies and enables smooth cross-chain liquidity movement became evident. What is the zkCross Network all about? zkCross Network embodies TeraBlock’s pledge to connect over 200 emerging blockchains, streamlining liquidity and asset transfers with the ease of a single click. This shift underlines its focus on innovation, security, and user satisfaction, establishing the groundwork for a DeFi ecosystem that is accessible, efficient, and authentically decentralized. Refining Tokenomics Moving to the zkCross Network not only resolv...

Introducing DePIN Finance, The Premier Marketplace for DePIN Solutions. Fueled by the rising popularity of the Decentralized Physical Infrastructure Network (DePIN) within the Crypto sphere, DePIN Finance strives to offer investors the chance to have on-chain exposure to tangible assets. This is achieved through the provision of GPU, CPU, and Node rental solutions. With a focus on both user-friendly design and a wide range of options, the platform provides users with numerous configurations to choose from. It aims to be the ultimate destination for all DePIN services. DePIN Finance Features 1. Trying out Servers — Simply navigate to the free server section on the DePIN Finance website and try them out! 2. Making an Order — DePIN Finance provides one of the most extensive and easiest-to-use solutions to rent GPU, CPU, and Nodes. Simply navigate to the depinfinance.io platform and hit the ‘Get Started’ button or scroll to the lower section of the platform. To rent CPU or GPU...

IOST Partners with DeBox to Drive Integrated Development of DID Products & Services in Web3. DBX Global is a Web3 social platform based on blockchain DID. This collaboration aims to jointly drive the integrated development of DID-related products and services on the blockchain. In the future, both parties shall comprehensively plan and strategize their cooperation in various aspects, including expanding the on-chain ecosystem, organizing user activities, and community operations. Together, we will explore new paradigms and possibilities for the future development of Web3. Integrated DID Products and Services in Web3 The widespread adoption of DID within Web3 is of utmost importance. Currently, the application of Web3 DID remains in its early exploration stage within the industry. Although some teams are dipping their toes and building applications, challenges like high user participation costs and fragmented technological frameworks still prevail. As a core component of Web3 decent...

Senken secured investment from Inflection and other VC,s amounting to $7.5 million US Dollars. The round was led by Obvious Ventures with significant participation from Offline Ventures, Inflection, and Kraken Ventures, along with other existing investors including Climate Capital. This investment strengthens Senken for the foreseeable future to continue to make climate finance more transparent and accessible. Since the foundation of Senken in 2021, the platform has worked tirelessly to create a marketplace. Allows companies and investors to easily purchase, trade, and offset carbon credits. The platform now offers the widest selection of climate assets (+20 million carbon credits) and ensures the quality and integrity of the projects by adding data layers containing project information (such as vintage, credit type, and additionality), carbon ratings, pricing, and MRV data. The challenges of the carbon markets Currently, the carbon markets are fragmented and opaque. Impact leaders loo...

Hedgey Finance has integrated with OKC as financial infrastructure for DAO treasuries and helps OKC projects diversify assets & more. DAOs Compensate on Hedgey Through Hedgey Contributor Rewards, DAOs like ShapeShift and DAOhaus use Hedgey for monthly locked token compensation to incentivize long-term commitment and build a stronger community. Hedgey Finance Integrates OKC, These DAOs distribute locked tokens, represented by NFTs, to their core contributors, and they look something like this. These NFTs can also be given Snapshot voting rights, NFT-gated access to Discord channels, and other perks. Hedgey Finance Integrates OKC DAOs collaborate on Hedgey, and now the OKC ecosystem has access to these tools, like Hedgey DAO-to-DAO token swaps. DAOs like GnosisDAO, Alchemix, Thales, Saddle, Sperax, Layer2DAO, and Agave have all been early adopters of DAO-to-DAO (D2D) swaps through Hedgey, and it’s proved to be tool used to strengthen partnerships, mutually invest with other DAOs...

DoraHacks funding public goods with Injective. The Dora Factory community and DoraHacks are proud to announce a strategic partnership with the Injective team to help support the growth within the ecosystem. At DoraHacks, they support and build the hacker movement, and Dora Factory provides the critical infrastructure to achieve its goal. Dora Factory has officially become a public good validator for the Injective blockchain.   The key objective of the partnership is to help decentralize the network and drive further growth and development to the already growing Injective ecosystem by helping incentivize developers to continue BUIDLing using the rewards generated from the validator operated by Dora Factory. Injective Hackathons and GrantDAO on DoraHacks.io DoraHacks, together with Injective, will be hosting a global hackathon, the first event that we will be hosting together. This hackathon will be a fantastic opportunity for developers to come together and BUIDL on Injective’s blockch...